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HashKey Group unveils the launch of HashKey Global, marking the entry of a new era of regulated trading. HashKey Global has been granted a license in Bermuda, one of the world's largest offshore financial and reinsurance centre, allowing HashKey Global to offer licensed digital asset trading services, including but not limited to trading and service products such as launchpad, futures trading and leveraged trading. With the ability to onboard global institutions and retail customers, HashKey Global has currently opened spot trading services for 21 digital assets including BTC, ETH, USDT, and USDC. Perpetual futures is expected to launch shortly.
New Era of Regulated Trading
Having established a strong presence in the Hong Kong market, HashKey Group aims to extend the experience of "Regulated Model" financial management system globally. The Group aims to expand its global presence by establishing multiple independently operated licensed exchanges, thereby advancing its strategic pursuit of comprehensive global market coverage. Serving as another flagship business in HashKey Group's global licensed exchange landscape, HashKey Global is strategically positioned to significantly enhance the Group's international presence。
Livio Weng, COO of HashKey Group, stated: "HashKey Group aims to establish one of the world's largest cluster of licensed exchanges within the next 5 years, surpassing all current regulated exchanges. The Bermuda license marks another license obtained by HashKey Group following those in Japan, Hong Kong, and Singapore, issued by regulatory authorities in yet another jurisdiction, demonstrating global recognition of our past efforts. With a foundation in Hong Kong and a global licensing approach, HashKey Group aims to continue to advance its global licensed exchange matrix. Following HashKey Global, we look forward to the possibility of expanding our operations to cover regions including the Middle East and Europe."
Livio Weng also remarked: "The addition of a global platform signifies HashKey Group's official entry into the era of 'dual flagships' in the exchange landscape. HashKey's exchange business originated in Hong Kong and represents the 'regulated model' of the city. The success of our global strategy is inseparable from the fertile ground provided by Hong Kong. If our global expansion succeeds in the future, it will not only signify the success of the 'the regulated model' but also stand as a collective achievement of all those who have contributed to the Web3 industry in Hong Kong."
Regulated Trading for EveryoneBen El-Baz, Managing Director of HashKey Global, stated: "HashKey Global is honored to have been granted a license from the Bermuda Monetary Authority (“BMA”), a highly respected and experienced financial regulatory body. Bermuda's regulatory environment is renowned for its high level of transparency, compliance, and cooperation, while also being the world's largest reinsurance financial centre. Our compliance under regulatory framework strive to ensure that our operations in the digital asset trading domain adhere to the highest industry standards. We aim to establish HashKey Global as a trusted, secure, and compliant digital asset trading platform globally."
HashKey Global's product boasts four key characteristics:
- Compliant with Regulations: HashKey Global holds a licence issued in Bermuda, one of the world's largest offshore financial and reinsurance centre. (Note: HashKey Global does not operate in nor onboard clients from in the United States, Mainland China, Hong Kong SAR, and certain restricted countries or regions.)
- Comprehensive Services: With a listing system under a regulated framework in place, HashKey Global may provide trading tools including LaunchPad, futures trading, and leveraged trading.
- Security and Safety: Client funds are held independently and segregated from exchange operational assets, with institutional custody-grade protection. HashKey Global undergoes audits and compliance checks by major accounting firms in adherence with applicable regulatory requirements.
- Diverse Assets: HashKey Global's web and mobile products operate 24/7. Spot trading services are currently available. High-quality digital asset spot trading assets are expected to be added, with futures trading product services set to be launched within weeks.
Note: Bermuda is one of the world's most important insurance and reinsurance hubs, reference please see at https://bda.bm/industries/insurance-risk/
About HashKey Global
HashKey Global is one of the flagship global digital asset exchanges under HashKey Group, offering licensed digital asset trading services to users worldwide. HashKey Global has obtained a license from the Bermuda Monetary Authority with the potential to provide mainstream trading and service products such as LaunchPad, contracts, leverage, and staking.
About HashKey Group
Established in 2018, HashKey Group is Asia's leading end-to-end digital asset financial services group that upholds the principle of "compliance first". Headquartered in Hong Kong and with operations in Singapore and Tokyo. The Group has a wide range of businesses that provide retail investors, large institutions, family offices, funds, and professional and accredited investors with innovative investment opportunities and end-to-end solutions in the fields of digital assets and the Web3 ecosystem.
Disclaimer: In compliance with local regulations, HashKey Global does not offer services to individuals in the United States, mainland China, Hong Kong, and certain restricted countries or regions. This material is for informational purposes only and is not intended to be distributed or relied upon by individuals in Hong Kong. This material does not constitute an offer to buy or sell any financial products, nor should it be considered as investment advice. Investing in digital assets involves risks. Investors should not make investment decisions based solely on this press release, but should carefully evaluate their suitability to participate in any investment products based on their own investment experience, investment objectives, financial situation, and other relevant conditions.Â
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